Daily Archives: March 7, 2018

Statistically, women in Poland are better educated than men. They can also boast highly developed soft skills. But there is still much work to be done on the equality of women and men in the labor market as there is a significant difference between the amount of men and women leaders. What’s more, e...

When Canadia PM Justin Trudeau was asked why it was important for him to have a gender-equal cabinet, he didn’t hesitate: “Because it’s 2015,” he said. Three years later in Poland, that sentiment still doesn’t seem to have caught on.

The US State Department denied media reports that the US-Polish relations have been suspended following the implementation, among others, the controversial Holocaust law. “The reports that allege any kind of a suspension in security cooperation or high-level dialogue, all of that is simply false,” s...

According to the Central Statistics Office GUS data, at end-Q3 last year, out of 16.5 million people in the workforce, 44.5 percent were women. The most “feminized” is health care and social care, where 81.7 percent of employees are female. Other sectors with a high percentage of female workers incl...

Innovation requires not only money but also being ready to learn from mistakes and, above all, try again.
Trying to copy solutions that work well elsewhere is not always the best way to go. WBJ sat down with Filiberto Amati of Amati & Associates to talk about innovation and international expansi...

State-controlled fuel giants Orlen and Lotos don’t plan on increasing retail fuel prices if the proposed fuel surcharge will come into force. “We are more and more convinced that the introduction of the emission fee won’t result in an increase in prices for our retail clients,” Zbigniew Leszcz...

WSE-listed media group Agora signed a letter of intent with Kino Polska TV regarding selling its stake in the TV channel Stopklatka. “According to the letter of intent, Agora and Kino Polska shall negotiate the rules and conditions of the potential transaction. The letter does not constitute a bindi...

WSE-listed fuel giant Lotos posted a PLN 484.7 million Q4 net profit, up from PLN 303.5 million a year ago. Operating profit decreased to PLN 722.7 million from PLN 734.6 million a year earlier. EBITDA dropped to PLN 927.6 million from PLN 1.04 billion a year ago. Group revenues decreased to PLN 7.0...

The management board of WSE-listed lender BZ WBK adopted a resolution on the intention to set up a mortgage bank in the group’s structure under the name BZ WBK Bank Hipoteczny, the company said in a market filing. “In connection with the creation of Bank Hipoteczny, the Bank will obtain a stab...

A total of more than 129,000 sqm of new office space was completed in the main regional markets across Poland in the first quarter of 2018, which marks a 92-percent increase y/y, according to the latest report by Cushman & Wakefield. The most dev...

Developer MLP Group has fully commercialized the logistics park in Bieruń near Tychy in Silesia, which it sold to Deka Immobilien in 2015. The company remained responsible for leasing the space in the park after the sale transaction. Car parts distri...
Bieruń logistics park fully leased out

Retailer IKEA will open its store in the Blue City shopping center in Warsaw in the second half of this year. This will be the company’s third store in the Polish capital and the first one in a central location with the other two located on the outsk...

Investors Tristan Capital Partners and White Star Real Estate will soon finish construction work on two of the three office buildings that will be developed within their Elektrownia Powiśle mixed-use project in downtown Warsaw. The first tenants will...

The Hampton by Hilton Warsaw Mokotów hotel has recently officially opened for business in the Polish capital. Located on ul. Postępu in the Służewiec business area of the Mokotów district, it is the fifth Hilton Worldwide (and the third Hampton by Hi...
New Hampton by Hilton hotel opens in War...

The conference “Open source in business”, which will take place on June 18th in Warsaw, is the first such event in Poland about open source solutions and their practical application in the enterprise. The event is aimed at bringing togeth...

On 6-8 June, annual ABSL conference, entitled “Poland. The place to grow” will be held in Poznań. This is the most important event of this kind in the Central and Eastern Europe which annually gathers over one thousand representatives of the business...
Poland’s biggest conference devoted to m...

The tech world has been buzzing with headlines in the past few months. Alphabet (Google) was fined in 2017 by the European Commission and is facing more anti-trust litigation. Its Q1 results also leave a lot to be desired. The same goes for Microsoft...